Popular Articles

Term of the Day

Residential construction insurance refers to coverage for a house that is still being built or is in the process of completion. The policyholder might be the property owner, the contractor, or both. It covers damage to the uncompleted structure.
Read more

Schedule of Benefits (SOB)

Definition - What does Schedule of Benefits (SOB) mean?

A schedule of benefits is a list of the various services covered under a health insurance plan and the associated fees. Policyholders receive them so that they know which services and treatments are covered and which are not. Some treatments and services may require a co-pay, and others may not.